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HID Global buys DemoTeller

July 20, 2016SSN Staff

AUSTIN, Texas—Identity solution provider HID Global on July 18 announced the acquisition of DemoTeller, a provider of instant issuance solutions for the financial market. The deal will enable HID Global to “offer financial institutions a proven, regulatory-compliant solution for issuing personalized payment cards, such as a chip card, to consumers,” the company announced.Stefan Widing, president and CEO of HID Global, said in a prepared statement that this deal marks the entry...

DemoTeller, HID Global, Stefan Widing